Auto Warranty Companies Fight For Your Business

extended car warranty - The industry of auto warranty companies is really a fiercely competitive one. There are a limited number of cars on the road - granted, there are many them, and every one of them, at some point or still, has or experienced a warranty - however with the great number of companies fighting for that business of these drivers, it means that each car owner is definitely the target of some very hungry sales reps.

This can be quite a daunting position to stay in for a car owner. Regardless if you are purchasing a new car from a dealership, or purchasing a used car, you will see people promoting you their warranty services.

Inside the dealership, you may encounter a pushy sales representative who will try everything they could to help you get to sign on to have an extended warranty when you make your initial purchase. You will find good things about buying during that time, including obtaining the costs in the warranty rolled up in to the financing for the car, and realizing that your dealership will continue to be the spot to get any repairs or replacements done. But these comforts might end up costing you hundreds or lots of money in the long run. Sales agents make very large commissions on warranties, so they're eager to help you get to sign up for one. If you sought out your own quotes from third-party extended warranty providers, but the price that is rolled into the financing will likely be a lot higher than it would. Granted, you will have to pay more up-front with those third-party companies, as opposed to adding a tiny number in your monthly car payment bills. Nevertheless it would likely save a little money.

But as not all the car sales representative is out to rip you off, its not all third-party providers are excellent guys, either. There are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors, but the terms and conditions of the warranties they offer. Don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road, if a company won't let you review the warranty before you buy. Auto warranty companies will fight to gain you as being a client, so use that to your advantage. Compare costs, examine all of the relation to the warranties offered, and tell the firms you consult with “hey, make me the best offer.” Someone else will if they can't.